what's the meaning of no deposit bonus in forex

Is a no deposit bonus the same thing as a regular bonus on deposits made into a forex trading account? How does it work please?

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@paul_petit - 6 months ago

A no deposit bonus is not your regular forex bonus, because you can get it even without depositing any money into your trading account.

Once you open an account with a broker that gives no deposit bonus, the bonus is automatically credited into the account and you can trade with it.

The no deposit bonus cannot be withdrawan but any profits you make from trading the bonus can definitely be withdrawn.

There are usually some withdrawal conditions you must meet before you can take out any profits. Many brokers require you to trade a certain number of lots with the bonus before you can withdraw the profits realized.

which broker gives free bonus without deposit in south africa?

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@emma_durban - 4 months ago
Quoted - khumalo_thembisa

which broker gives free bonus without deposit in south africa?

Headway broker gives free bonus of $111, without you making any deposit in South Africa. Another broker that gives bonus on registration without deposit is Firewoodfx